10 May 2021 South African Rand: Moody's Pass Opens Door to Gains, Goldman Sachs Urges Caution at these Levels

The South African Rand was left to run higher against the U.S. Dollar and other currencies at the start of the new week after Moody's on Friday declined to update their view on South Africa's finanโ€ฆ

Read more … →
04 May 2021 Pound-Rand Exchange Rate Eyes Another Weekly Advance, Moodys Decision Forms Key Focus

The British Pound has scored two successive weekly gains on the South African Rand and the outcome of this week's trade will rest with a review by Moodys and the tone in global markets.

Read more … →
29 April 2021 South African Rand Chips away at Undervaluation on Fed Tailwind

The South African Rand chipped away at a longstanding undervaluation against a tentatively docile Dollar on Thursday and may remain in demand over the coming months now the Federal Reserve has gottโ€ฆ

Read more … →
28 April 2021 Thee Forces Conspiring to Support the South African Rand (for now), says HSBC

There are three factors driving an ongoing appreciation of the South African Rand say analysts at one of the world's largest global lender and investment bank, however these drivers should wane in โ€ฆ

Read more … →
26 April 2021 Pound-Rand Downtrend Forecast to Extend to 19.50

The Pound-to-Rand exchange rate (GBP/ZAR) remains subject to a short-term downtrend with little indication the bears are yet willing to relinquish their grip.

Read more … →
21 April 2021 South African Rand Can Go Higher on Supportive EM-Friendly Backdrop

A benign global investment backdrop is the main engine behind recent advances in the value of the South African Rand, and this support is expected to remain in place for some time yet say analysts.โ€ฆ

Read more … →
19 April 2021 South African Rand Has $13.87 in Crosshairs Medium-term

The South African Rand was leading the emerging market currency club on Monday, furthering an outperformance that has opened the door to two-year highs around 13.87 in the weeks or months ahead, acโ€ฆ

Read more … →
16 April 2021 South African Rand Eyes Further Gains after Scaling 16-month Highs

The South African Rand remains the hands down outperformer of the week and is likely on course for further gains over and above its recent 16-month highs over the coming periods, according to some โ€ฆ

Read more … →
13 April 2021 South African Rand Eyes Sixteen Month Highs as U.S. Dollar Deflates

The South African Rand rose on Tuesday as the U.S. Dollar appeared to deflate in the wake of March inflation data that failed to give the greenback a new lease of life, leading USD/ZAR to test a keโ€ฆ

Read more … →